By Tony Sagami On April 24, 202005:46 PM Eastern
The banks are in trouble.
With 22 million Americans out of work and unable to pay their bills, banks are seeing delinquencies rise. And banks with more exposure to high-risk loans are really...
By Juan M. Villaverde On April 24, 202005:05 PM Eastern
Crypto assets have enjoyed solid, across-the-board gains across the board this week, driven primarily by massive, global monetary response to the coronavirus scare.
The Weiss 50 Crypto Index...
By Jon D. Markman On April 24, 202003:10 PM Eastern
Stocks are swirling with an upside bias today, as investors appear optimistic but cautious. This was a losing week, marked by dismal economic data stemming from the COVID-19 pandemic and a plunge...
Companies across industries are facing hard times as customers are unable to pay for their goods and services. But there’s still one buyer who always delivers because it can print money endlessly:...
You should have had no trouble adding June Financial Select Sector SPDR Fund (XLF) put options to your portfolio during Wednesday’s market rally. That’s a nice downside hedge for a rounded...
By Jon D. Markman On April 24, 202006:28 AM Eastern
Stocks swirled around like ice cubes in a highball glass on Tuesday as investors reacted to higher oil prices, a massive number of Americans filing for unemployment benefits, and a new...
By Jon D. Markman On April 23, 202003:10 PM Eastern
Stocks are advancing again today after fewer Americans filed claims for unemployment benefits than anticipated, while oil prices continued to recover from their crash.
The Dow, the Standard &...
By Jon D. Markman On April 23, 202006:28 AM Eastern
Stocks swooshed higher Wednesday in sync with a crude oil rally as Congress inched closer to approving a multibillion-dollar stimulus package to help the country recover from covid-19 damage.
...
Right now, our long-term outlook in the crypto market is decisively bullish.
Why? Because we’re seeing a favorable risk/reward ratio ...
Because the Federal Reserve is creating a new surge in...
By Mike Larson On April 22, 202004:53 PM Eastern
This is the week the oil market imploded. And no, that isn’t hyperbole.
The benchmark price of a barrel of U.S. crude oil started trading in the high-teens early Monday. But before long, selling...